Frequently asked Q&A
Yes ! In accordance with the Liberalised Remittance Scheme (LRS), Indian nationals are permitted to send and invest up to USD 250,000 annually. Under this arrangement, it is entirely lawful to send money outside of India.
It just takes 1-2 business days to open an account.
Yes, your investment accounts are totally secured.
Funding your account and withdrawing money from an overseas brokerage account are both really simple processes. To transfer money, sign in to your Global Invest account.
You are permitted to invest up to $250,000 annually if you are investing from India under the RBI’s Liberalised Remittance Scheme (LRS).
With just one click, you can invest in pre-configured combinations of stocks and ETFs known as stacks. Stockal offers curated pre-made portfolios that are organised around a certain notion or theme in an effort to address the problem of “what to invest.” Each stack is designed by top financial experts to fit different investing objectives, risk appetites, and strategies.
There is no minimum investment or balance required although we do recommend you fund your account to the extent required as there is no margin funding possibility on global markets as per RBI’s regulations.
Fractional shares allow you to buy a dollar value of a stock irrespective of its price. This means that you can own a fraction of a share in a stock on the US markets! Basically, if a stock is too expensive because each share is costing a lot, just buy a small fraction of the stock.
Settlement cycle is T+3 for US equities and ETF’s.
Your investing account is opened with our partner platform Interactive Brokers LLC – regulated by FINRA and SEC in US. Interactive Brokers is also the executing and clearing broker as well as a global custodian.